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$ 1,950,000
Est. payment /mo
Active Under Contract
2 Ontario ST Marathon, ON P0T 2E0
26,228 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 26,228 sqft
Price per Sqft $74
Subdivision Tb-74
MLS Listing ID X13438158
Annual Tax Amount $59,393
Tax Year 2025
Property Sub-Type Commercial
Property Description
Welcome to Superior Place, a prominent commercial investment property offering an exceptional opportunity to acquire a well-established, income-producing asset in the thriving community of Marathon, Ontario. Strategically positioned on the town's main strip, this highly visible property serves as a commercial hub for residents, businesses, and visitors alike, making it a cornerstone of the local economy. Featuring fourteen established income streams, Superior Place has a diverse and complementary mix of long-standing commercial, retail, professional, educational, and community-service tenants. Current occupants include a car dealership, a popular catering restaurant, hair salon, telecommunications center, insurance services office, financial services provider, retail store, two social service organizations, a recognized pizza franchise, employment agency, a 4,600-square-foot gymnasium, dental clinic, and a Northshore campus. This diversified tenant profile helps reduce investment risk while providing multiple sources of consistent revenue. The large on-site parking lot provides ample parking for customers, staff, and visitors. Marathon continues to be an important regional center along the North Shore of Lake Superior, serving surrounding communities and supporting a broad range of industries, services, and economic activity. As Northern Ontario continues to attract investment and development opportunities, properties with established occupancy and diversified income sources remain highly desirable. Whether you are an experienced investor seeking to expand your commercial portfolio or just now looking for a stable asset with reliable cash flow, Superior Place offers a compelling combination of income security, tenant diversity, and strategic location. Opportunities to acquire a property of this scale, prominence, and community significance are rare. Don't miss your chance to own one of Marathon's most recognizable commercial properties!
Location
Province ON
County Thunder Bay
Area Thunder Bay
Rooms
Family Room No
Basement Crawl Space
Interior
Interior Features Other
Cooling Other
Exterior
Parking Features Other
Pool None
Roof Type Tar and Gravel
Road Frontage Municipal Road
Building
Foundation Poured Concrete
Others
ParcelsYN No
Listed by RE/MAX GENERATIONS REALTY
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